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US Housing Starts: July 2015
US home building ticked up in July thanks to a surge in construction of single-family homes. US housing starts rose 0.2 per cent from a month earlier to a seasonally adjusted annual rate of 1.21 million last month, the highest since October 2007, the Commerce Department said Tuesday. That is the third time in four…
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US Home Sales, Prices: June 2015
New-home sales fell 6.8 per cent in June from a month earlier to a seasonally adjusted annual rate of 482,000, the lowest reading since November 2014, the US Commerce Department said Friday. US new home sales fell 1.1 per cent in May, down from an initially reported 2.2 per cent increase. Sales jumped 28 per…
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US House Price Index
This CoreLogic House Price Index report is for May. The recent Case-Shiller index release was for April. The CoreLogic HPI is a three month weighted average and is not seasonally adjusted (NSA). CoreLogic Reports National Homes Prices Rose by 6.3 Percent Year Over Year in May 2015 CoreLogic® … Tuesday released its May 2015 CoreLogic…
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US Home Building, Sales, Prices
New housing starts data came out of the US this week with a powerful bang. It is important to note that the highest increase in new home building continues to be in the multi-family sector, but for April even single-family building is up more than 10 per cent on a seasonally-adjusted basis. Other indicators continue…
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House Prices Up 5 Per Cent
The recent release by the FHFA shows that its US House Price Index – Purchase Only, rose by 5.1 per cent on a 12-month seasonally adjusted basis in January 2015. This marks the 36th consecutive month of year-over-year growth. Over this nearly three-year period, house prices have risen by 20.1 per cent. Elsewhere, on a…